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construction workers back to work. why? it would have been an increase in taxes, not for most people, but for those who make a million dollars or more. making the investments in education, making the investments in research, and we make those investments together and build a future. that is what it will take over the long run to build a stronger future here in western massachusetts, all across the commonwealth, and all across the country. >> thank you. before i start, i want to thank the mayor for your endorsement and support. thank you both for coming. this is actually about jobs and economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is
guidelines.e too - paid taxes forrthreeeyears, they're on their way too citizennhip, they've registered for the draft, they &popponnnts...petitionnddthe known as...questton 4. it act" on the ballot...its title...."publii institutions pf highhr learning-tuitiin rates.and ooponents...say it unfair...bott philossphically...a nd....iiaaccaall..(kipke) "it's just a costly bill. t's going to at least coss threee over th next three years, up we're provding a taxpayer beeefit tt ppople who entered our country illegally."the law states...that illegal not be incllded...among legal "in-state" tuition..they'll still be lassifiefd...as out- of-state students. and suppooters...say that's a reasonablecompromise. john if you still have questions reearring the maaylann a vote 2012 special monday explanations of the dreamm cc referendum... the same-sex marriage referendum....and tte referendum to exppnd gambling night att11... right here on fox45. straight ahead... video games... centered around thh presidential rrce. politically-themed entertainment... america's seen since 2004. (((reak 3)) 3 two opp
got to the budget surplus. i did not vote for the war or the tax cuts for the rich. with the giveaways to the drug companies that blow a hole in the budget. we had the biggest budget surplus to the biggest budget deficit in 2008. >> so you believe the senate is doing their job? >> i think that they did the right thing in the budget control act. this includes revenue and going after these tax loopholes. the politicians who signed the pledge to the lobbyists grover norquist -- >> i will give you 60 seconds to respond. >> sitting around your kitchen tables you can't go three months without managing your finances. you can't go three weeks without managing the budget for your small business. but he and other career politicians have gone three years since they passed a budget. he talks about the budget control act. if you are watching this, think for a second. do you have the budget control act in your small business? this is washington speak. we manage our small business with the budget. but these politicians to think that they can live by different set of rules. after y
of tax rates we had under the clinton administration when the upper income earners were doing well and the entire economy was growing. we will have to make some tough choices. a balanced approach is the only approach i believe will get us there. >> your rebuttal? >> it is amazing to me that you can stand here, having voted for a trillion dollar deficits for the last four years, the largest, fastest debt increase in american history, can say that we have to control spending. you have done nothing to control spending over the last four years. with respect to cut, cap, and balance, it's amazing to me that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force congress to set priorities and stopped funding in things like solyndra and prioritize things like social security, medicare, and education. that's why i support a balanced budget amendment to the constitution. >> the race to succeed the retiring new mexico senator is just one of the key house, senate, and governor's races you
attacked 47% of americans, his company shipped jobs overseas, his plan cuts millionaires taxes, but raises yours. he'll voucherize medicare and make catastrophic cuts to education. so remember what romney said and what his name would do. >> paul: taking our name in vein, the 15th time, the wall street journal does not agree with any of the-- >> what do you think? >> this is a-- this is a distilled message (laughter) of the campaign. >> he keeps returning to this class warfare theme and this is in ohio and thinks the outsourcing, hitting the rich. 47% plays well with less educated white men in the midwest and where he's focusing ads. >> paul: is that really a good closing argument, dan? that's not an argument for the second term. >> it's not. and i honestly do not understand it, paul. it's -- i think it reflects barack obama's antipathy toward mitt romney? >> personal? >> i think so, he's been wanting to take him down from the beginning. and he's been running the same campaign from the beginning. and voters are out there still the economy the number one issue, waiting for the president to t
? >> number one data piss-off the fiscal cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered under this administration. those who don't have a job and are underemployed giving up then we have a grou of ceos speaking up for the multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they come up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the economy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump out and got the rates down. get those down sharply. >> he will be the president. >>
and more taxes? or is our future going to be in less taxes, less regulations and more freedom? i believe in mitt romney. he's the right candidate at the right time to be the president of the united states. [applause] you know in the state of florida we have 820,000 people out of work, people who will looking for work, people who have given up looking for work. we need someone who understands how jobs are created. that individuals create jobs not government that creates jobs. [applause] when mitt romney is president he is going to need another united states senator, republican senator from florida. [applause] how many here have already voted? [applause] and for those of you who wake up tomorrow morning and go vote. after you vote for mitt romney go down the ballot a little more and vote for connie mack. can you do that? there are dig differences between senator nelson and myself. he was the deciding vote for obamacare. i voted against obamacare. [applause] senator nelson has voted for higher taxes 272 times. i voted to cut taxes. [applause] senator nelson voted to gut our military. i vote
to cut tax rates and pay for it by closing loopholes. two. he wants to increase defense spending by about $2 trillion over ten years. and three, he says he'll balance the budget at the end of his second term. let's start with the tax cuts. >> i want to bring down rates. want to bring the rates down, at the same time, lower deductions and credits so we keep getting the revenue we need. >> romney's across the board tax cut of 20% is $5 trillion worth. now, romney plans to close loophole to pay for it. we just don't know which wups, so we had to take some liberties on the map here. the joint committee on taxation did one test study and i have it right here. keep in mind, this was done based on current law, which assumes the bush tax cuts expire at the end of the year. they concluded that revenue neutral tax reform would permit a 4% decrease in all ordinary income tax rates. now, that's not close to 20%. now, let's get to the second thing. adding more than $2 trillion to defense spending. according to analysis conducted money, romney will add $2.1 trillion in defense spending over a decade. n
minutes. >> to do that -- >> the fight over governor brown's tax measure is close. our conversation with jerry brown on california's budget crunch. thank you for joining us this morning. it is sunday, october 28th. i am anne makovec. >> and i am phil matier. the governor sat down with us this week. we will show you highlights on his proposition 30, the tax plan hanging in the balance. >> and an in-depth conversation with senator diane feinstein up for re-election right now. we also had a big earthquake overnight off the coast of canada that we are following, as well. >> and in other new, hurricane sandy is moving up the eastern seaboard with the outer bands bashing the islands of north carolina. >> and the governor of new york is ordering a halt to all public transit is in new york city tonight at 7:00. the storm could affect more than 50 million people. the bridges and tunnels will also be shut down. susan mcginnis is live on the coast of delaware and susan. the winds have looked to have picked up in just the last hour. >> reporter: it certainly has ann and phil. the winds have
out of the prate sector if the bush tax cuts go away. 100 billion of government spending that would stop under the sequestration. do those numbers sound about right to you and is there a multiplier at work here? does it matter more if you take money away from the consumer in forms of evaporating tax cuts or the government spending? >> well i don't know that it matters more over the period of a couple of years but the immediate effect is that the tax increases will take effect. and people have to pay the tass and spending will go down. i don't know that sequestration will click in as quickly as people say. there will be a reduction in ending over the course of the year but i don't know that it will happen as qukly. there is a real danger the tax increase could throw us right into recession. melissa: right. you yank $200 billion out of the hand of the private ctor, what does that immediately do to gdp? at's what we're talking abt here today. we're talking abou the gdp number. this would be just taking a hammer to that. >> it would be 350 billion. good for about 2%. it would happen pre
some of the tax breaks, such as the breaks on social security payroll taxes can be continued onward from december. i think that's very important to keep money in the hands of the middle class and enabling their spending, and jobs. >> eliot: all the miles you're talking b all of which i'm fully in accord with all predicated with president obama to guide the path. i agree, if he gets the second term. one of the premise that i view and i think you view as one of the misguided policies of mitt romney if you lower the tax breaks you get an outbreak of investment. there was a survey that disputed that. they polled it under political pressure. what is your wisdom as someone who has studied this in great death, would this bring investment as mitt romney high hypothesizes. >> no, between cutting marginal tax rates on the top and creating more jobs or economic growth. clinton increased taxes and we had jobs than when bush cut taxes. yet average economic growth during the years was better than it has been since. look at nations even in germany and europe scandinavia, they have faster economic
president obama talks she discusses the u.s. economy and tax policy. >> hi, everybody. it has now been four years since the crisis that began on wall street spread to main street, hammering middle-class families and costing our economy 9 million jobs. since then, we have fought our way back. our businesses have added more than 5 million new jobs. the unemployment rate has fallen to the lowest level since i took office. home values are rising again. and assembly lines are humming once more. to make sure america never goes through a crisis like that again, we passed tough new wall street reform to end taxpayer funded bailout for good. all for reform also created the first ever in the pan a consumer watchdog, who sold job is to look out for you. that means making sure that you have all the information that you need to make import financial decisions like buying a home, were paying for college. and it means going after anyone who tries to take advantage of you or rip you off. but starting this month, that includes the folks who come up with your credit score. if you have not checked your credit
on the franken storm threatening the eastern sea. >> the fight offer governor brown's tax hike measure. enter conversation on california's budget crunch. thank you for joining us. >>> we have a lot of news to cover in the next hour. we have a sit down as you saw with governor jerry brown. we will talk to him about the state's finances and the push to hike the sales tax and income tax. >> there was a huge earthquake off the coast of canada. we will look the tsunami advisories but our happiest story of the day, the giants on the bripg of glory right now. this is the newspaper this morning and tonight is going to be the pivotal game that could give them the world series championships. we have a lot to talk about coming up. but first -- >> all right, hurricane sandy moving up the eastern seaboard with the storm's outer bands lashing the barrier islands off north carolina. >> right now the governor of new york, andrew cuomo, i halting a halt to all public transit in new york city at 7:00 tonight. it could affect 50 million people. suetion mcginnis has the latest from the coast of delaware. good mo
they have to pay, we pay more to government than any other major country in the world. the corporate tax rate is down to 25% in europe. ours is 35%. canada brought the tax rate down to 15%. businesses go there to save money. what i will do is bring the corporate tax rate from 35% to 25%. now, you might think -- [applause] >> same time, we'll have to get rid of loopholes and extensions and we need the revenue we need. but we need to bring the rates down and make ohio a more interesting place to invest. small business doesn't pay the corporate tax rate. it is 35%. i want to bring down the individual rate as well. thoseen -- i'll make proposals to congress on day one. things i do -- we will put america on track for a balanced budget. we can't keep spending more money -- [applause] >> what we talk about, these topics like big government policy -- they effect the lives of individual americans. this is about you and your life. say you are a senior -- i see a senior waving. i meant senior by age, not senior in high school. let's say you are a 65 year old or older. and when you -- when you get a
have less than two months to steer clear of the fiscacliff-- the combination of tax hikes and government spending cuts scheduled to take affect in january. our market monitor this week says plan now for higher taxes soon, and higher interest rates eventually. duncan richardson is chief investment officer at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can ou
's a suspicion some of them may have been using swiss bank accounts to avoid taxes, but the greek government never investigated those people on the list. the list was passed to christine lagarde. it is an intriguing story. >> he was due to appear in court about an hour ago, but the greek legal system being as it is, there are delays 7. other cases to be heard first. so we have no indication yet as to when his trial will begin. he is charged with breach of privacy. he published this list of greeks holding bank accounts overseas at hsbc bank in geneva, many of them suspected of tax evasion through those accounts. the real anger is not towards him but towards, the towards who seems to have sat on this list for the lasted until years and not acted upon it. he says that the alleged tax evaders and ministers who received the list from christine lagarde in 2010 and of not followed up on it, he says they should be the ones focused on. the greek government simply is not serious about tackling tax evasion. >> have the ministers involved given any explanation for not following up on the list? >> two of
president obama because they're fearful of higher taxes. they're fearful of all those kinds of things. president obama makes the argument that demand, more people working, will create demand and that will create more hiring. so this thing going to be relevant for about ten minutes and after that it's going to devolve into spin for the rest of the weekend. >> which means it will be relevant in a completely different way all the way until sometime tuesday night for sure. ali velshi also going to stick around with us all morning. we've been talking, of course, about jobs, jobs, jobs. as ali said the race there in ohio, virtual dead heat. across the nation, much of the nation as well, president obama, mitt romney, are going to fan out across the battleground states over the next four days. both candidates will spend lots of time in ohio, because as ali pointed out, it's a dead heat. president, three events there. he's going to be talking jobs, and a national public radio poll 57% of those surveyed said economic issues are the most likely to affect their vote. cnn's brienne into keilar is
that will make the auto industry strong -- [indiscernbile] he wants sensible regulations. he wants tax reform that will ensure we can get the auto companies back on their feet. he wants to make sure that trade is fair. he wants workers trained to work better for them. he wants their energy costs now. that is what will keep energy -- otter jobs here in ohio. that is what mitt romney is going to. balks, we are in the fourth quarter. the score is tied. we're in the red zone. we got the momentum on our side. are we going to be sure that we take mitt romney over the goal line in the next eight days? ladies and gentlemen, the next president of the united states, mitt romney. b >> thank you. what an avon lake welcome. thank you so very much. thank you, senator portman, and the lieutenant governor has been going with us all over the state. her support means everything in the world. the senator was my sparring partner. he was really strong. i finally -- it is nice not to argue with him all the time. withs good to have withhim me on the campaign trail. we have got to reelect him as the next congressman
the opposite of what obama claims he's going to do. that is he's lowered taxes and closed budget deficits. but i actually find the trust argument very odd. because president obama promised that we would have 4.2% economic growth right now.wo we have 2%. he promised an unemployment rate that would be far below where it is today. he hasn't delivered on his promises. on the issue of trust, what is going on with regard to libya? i mean here we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours, we now know that secretary of defense saying he denied requests for help over that seven hours. where is the leadership. it's a trust issue. >> on the economy, how does it tip the scales, david brooks and ej dionne in the final nine days? >> i think this has been the worst campaign i've ever covered. i think they're both ending on the same note they started. obama is doing a negative campaign, he's got an ad out which is called "remember" which is about romne
. said he's all about fighting for the middle class. says he cut taxes for everybody. and ask something from nobody, but the problem is we heard those promises before. keep in mind, governor romney lives a few miles south of here in the state of massachusetts. love massachusetts. [ cheers ] but during governor romney's campaign for governor down there, he promised the same thing he's promising now. said he'd fight for jobs and middle class families, but once he took office, he pushed through a tax cut that overwhelmingly benefited 278 of the wealthiest families in the state and raised taxes and fees to middle class families to the tune of $750 million. does that sound familiar to you? when asked about this, he says these weren't taxes, these were fees, but keep in mind, there were higher fees to be a barber, higher fees to become a nurse. there were higher fees for gas. there were higher fees for milk. there were higher fees for blind people who needed to get a certificate that they were blind. he raised fees to get a birth certificate which would have been expensive for me. [ applause
, and two-earner families, and people this year very concerned about the increased taxes that we would see come jaber reversed if president obama were to be reelected, as well as the peace -- deep defense cuts of us would impact our area dramatically. george mason's stephen fuller, one of the preeminent economists in the area says the defense cuts could actually cause a recession in virginia and would almost double our unemployment numbers. and va has been very successful in having a low unemployment rate, down 5.7%. but people are very concerned about jobs. jobs are the number one priority and that is what we see people looking at and that is why we are encouraging the numbers and support we are seeing for governor romney this year. host: does your candidate have to win loudoun county to win virginia? have to,don't know we i expect we will. it was only a narrow margin that president obama won loudoun, the last time and it really was an aberration. virginia republicans have been winning loudoun county in 2009 when governor bob mcdonnell won this area, and then in 2010, of course our congre
of what obama claims he's going to do. he's lowered taxes and closed budge elt deficits. i find the trust comment hard. president obama promised we would have 4.2% economic growth right now. we have 2%. he promised an unemployment rate lower than we have. on the issue of trust, what is going on with regard to libya. we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours. secretary of defense saying he denied requests for help over that seven hours. >> we'll get to that later. >> but it's a trust issue. >> on the economy, how does it tip the scales, david brooks? >> i think it's been the worst campaign i have ever covered. they are both ending where they started. obama doing a negative campaign. he's got an ad out about romney and the flip-flop and what we have heard. it's almost pure negativity. romney is trying to appeal to moderates and women, which is a bipartisan ad saying i don't care if it's a republican or democrat idea, i'm for that. you
they win the election without the buck eye state. americans paying more and saving less and prices and taxs and hettle care set to cost more will your wallet decide your vote. little rock. fort hood. that is not work place violence it is terrorism. and now libya. >> something fishy about what happened over there. why won't the administration call it what it is. terrorism. welcome to huckabee. tonight we are coming to you from our fox burro in washington dc. and early voting started in many states and one of the early voters in ohio was president obama. he had to produce a photoid to vote. help me to understand recognizable person in the entire united states of america has to show his photoid why is it too much to ask that for the rest of that. most of them gave up the licenses and passport. if chicago requires voters id. those who say we ain't got voters fraud going on around here, they must have missed the powerful and disturbing reports filed by eric shawn who exposed voters fraud in multiple states. eric reportod hudson hallum a sitting democrat who pled guilty vodka voting scheme ited h
enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to offer your opinion. >> 18,000 additional individuals who have dropped out of the work force, people who have taken part-time jobs, we can argue back and forth about the numbers but those people go to the polls an
has paid much attention. but unless nothing is done before january 1st, we are going to see taxes rise on most people because that's the end of the payroll tax cut that president obama and congress agreed to. that also means that the end of the bush tax cuts, not only for people over $250,000 of income, but also everybody else who were to some extent, their taxes were also reduced by the bush tax cut. the alternative minimum tax, that also would kick in. there's no alternative to the alternative minimum tax on the table. so you have the typical family after january 1st seeing a tax hike in the range of $1500 to $3500 for the year 2013. now, i expect congress is going to do something, if it doesn't act before january 1st, it's probably going to act sometime in january and then make what they do retroactive to january 1st. >> all right. looking at the long-term and the short-term. we're going to know what those jobs numbers are tomorrow. great to see you, as always. thank you. >> thanks, thomas. >> so just to point out again, we are awaiting for live remarks from the president as he dise
Search Results 0 to 49 of about 888 (some duplicates have been removed)